Roadzen Wins Major Auto Insurance Mandate Worth More Than $20 Million in Annual Premiums from One of the World’s Largest Carmakers

Rhea-AI Summary

Roadzen (Nasdaq: RDZN) announced an MGA mandate from one of the world’s top-five carmakers to manage an insurance program in a major European market, representing more than $20 million in annual gross written premiums.

Roadzen will handle administration, claims, and payments and expects fees to contribute more than 15% of gross written premiums as recurring revenue. The program, powered by Roadzen’s Global Distribution Network platform, is planned to launch next quarter and extends the company’s embedded insurance capabilities across its existing footprint in 14 countries. Roadzen is headquartered in Burlingame, California, employs over 300 people, and trades on Nasdaq under RDZN.

Positive

• >$20M annual gross written premiums from a single automaker
• Fees expected to be >15% of GWP as recurring revenue
• Program scheduled to launch next quarter
• Deployment via GDN platform enabling embedded policy and claims automation
• Operational footprint across 14 countries

Negative

• Revenue from the mandate is contingent on executing a definitive agreement
• Program centers on one automaker, creating client concentration risk before broader rollout
• Launch timing (next quarter) may expose near-term execution and integration risk

Insights

Insurance Strategy Analyst

Roadzen won an MGA mandate covering over $20 million in annual premiums, adding recurring fee revenue and distribution scale.

As Managing General Agent, Roadzen will run administration, claims, and payments for a top-five global carmaker in a major European market, using its GDN platform to embed policy management and automated claims/payment flows. The contract represents over $20 million in annual gross written premiums and fee income expected to exceed 15% of premiums, converting to a predictable recurring revenue stream tied to volume and servicing performance.

Key dependencies include successful integration into the automaker’s ecosystem, compliance in the target jurisdiction, and operational execution at scale; any delay or underperformance could reduce expected fee realization. Watch for a definitive agreement, the program launch in next quarter, and early operating metrics such as onboarding pace, claims loss ratios, and fee collection timing over the following 3–12 months.

NEW YORK, Oct. 14, 2025 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) (“Roadzen” or the “Company”), a global leader in AI at the convergence of insurance and mobility, today announced that it has won a mandate to act as a Managing General Agent (MGA) for one of the world’s top five carmakers, managing its insurance program to be rolled out in a major European market.

The partnership, representing over $20 million in annual gross written premiums, marks a major milestone for Roadzen and underscores its expanding role as both a technology and insurance partner to global automakers. Roadzen will manage administration, claims, and payments for the automaker’s insurance operations, earning fees expected to contribute more than 15% of gross written premiums as recurring revenue for the Company.

The automaker selected Roadzen following an extensive evaluation process, reflecting confidence in the Company’s AI-driven technology, compliance standards, and operational excellence. The program, powered by Roadzen’s Global Distribution Network (GDN) platform, is expected to be launched next quarter and enables policy management, dynamic management information for claims and payments automation through an embedded digital framework seamlessly integrated into the automaker’s ecosystem.

“This partnership positions Roadzen to play an even greater role in transforming how insurance is delivered across global mobility ecosystems,” said Rohan Malhotra, Founder and CEO of Roadzen. “As vehicles become increasingly connected, and as carmakers digitize their insurance programs, our AI helps them power the full stack—from risk scoring and pricing to policy issuance and claims—now across 14 countries. We’re becoming an ideal partner to global carmakers. This is the future of auto insurance, and we’re proud to be helping shape it.”

About Roadzen Inc.

Roadzen Inc. (Nasdaq: RDZN) is a global leader in AI at the convergence of insurance and mobility. Roadzen builds technology that helps insurers, automakers, and fleets better predict and prevent risk, automate claims, and deliver seamless, embedded insurance experiences.

Thousands of clients — from the world’s leading insurers, carmakers, and fleets to dealerships and agents — use Roadzen’s technology to build new products, sell insurance, process claims, and improve road safety. Roadzen’s pioneering work in telematics, generative AI, and computer vision has earned recognition from Forbes, Fortune, and Financial Express as one of the world’s top AI innovators.

Headquartered in Burlingame, California, Roadzen employs more than 300 people across offices in the U.S., U.K., and India. Learn more at www.roadzen.ai.

Cautionary Statement Regarding Forward Looking Statements
This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). We have based these forward-looking statements on our current expectations and projections about future events. These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions about us that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may,” “should,” “could,” “would,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” and “continue,” or the negative of such terms or other similar expressions. Such statements include, but are not limited to, executing a definitive agreement for the mandate described in this press release, anticipated revenue from the mandate described in this press release, anticipated benefits of our products and solutions, business growth in the U.S., U.K. and India, anticipated strategy, demand for our products, expansion plans, future operations, future operating results, estimated revenues, losses, projected costs, prospects, plans and objectives of management, as well as all other statements other than statements of historical fact included in this press release. Factors that might cause or contribute to such a discrepancy include, but are not limited to, those described in “Risk Factors” in our Securities and Exchange Commission (“SEC”) filings, including the annual report on Form 10-K we filed with the SEC on June 26, 2025. We urge you to consider these factors, risks and uncertainties carefully in evaluating the forward-looking statements contained in this press release. All subsequent written or oral forward-looking statements attributable to our company or persons acting on our behalf are expressly qualified in their entirety by these cautionary statements. The forward-looking statements included in this press release are made only as of the date of this release. Except as expressly required by applicable securities law, we disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

For more information, please contact:
Investor Contacts: IR@roadzen.ai
Media Contacts: Sanya Soni sanya@roadzen.ai or media@roadzen.ai

FAQ

What size is the Roadzen (RDZN) insurance mandate announced on October 14, 2025?

The mandate represents more than $20 million in expected annual gross written premiums.

How much recurring revenue does Roadzen (RDZN) expect from the new automaker MGA mandate?

Roadzen expects fees to contribute more than 15% of gross written premiums as recurring revenue.

When will Roadzen (RDZN) launch the automaker insurance program in Europe?

The company said the program is planned to launch next quarter.

What services will Roadzen (RDZN) provide as managing general agent for the automaker?

Roadzen will manage administration, claims, and payments, plus policy management via its GDN platform.

Does the Roadzen (RDZN) announcement require a definitive agreement to be completed?

Yes; the press release notes anticipated revenue is subject to executing a definitive agreement.

How does this mandate affect Roadzen’s global footprint stated on October 14, 2025?

The company cited deployment across its existing presence in 14 countries, expanding its embedded insurance role.